The SINDA Fund was set up in 1992 as a community fund for the benefit of Indians. Through this fund, SINDA is able to reach out to those in need of assistance, especially in the areas of education, aspirations and parenting.
All working Indians in Singapore who are Singaporeans, Permanent Residents and Employment Pass holders and are of Indian descent (including Bangladeshis, Bengalis, Parsees, Sikhs, Sinhalese, Telegus, Pakistanis, Sri Lankans, Goanese, Malayalees, Punjabis, Tamils and all people originating from the Indian sub-continent) will contribute a monthly sum to the SINDA fund.
The contribution rates (revised on 1 January 2015) are as follows:
|Total amount of an employee’s wages for the calendar month||Contributions payable by an employee for the calendar month|
|> $1,000 to $1,500||$3.00|
|> $1,500 to $2,500||$5.00|
|> $2,500 to $4,500||$7.00|
|> $4,500 to $7,500||$9.00|
|> $7,500 to $10,000||$12.00|
|> $10,000 to $15,000||$18.00|
Who is affected by the change?
Why is there a need to increase in SINDA Fund contributions?
How is SINDA going to use the additional funds?
We strongly appeal to you to reconsider opting-out from the SINDA Fund. Your contributions go towards helping Indian families in need and subsidising students’ educational and enrichment costs. With your help, we can build a strong and vibrant Indian community together.
Should you wish to fix/reduce or opt-out of your monthly contributions, please fill up the information below so that we can send you the necessary form for endorsement.